WEF Clears Founder Schwab of Wrongdoing; Appoints Interim Co-Chairs

(Reuters) -The World Economic Forum closed an investigation on its founder Klaus Schwab on Friday, clearing him of any wrongdoing, and appointed BlackRock CEO Larry Fink and Roche Holding's vice-chair Andre Hoffmann as interim co-chairs of its board.

The Geneva-based organisation had launched an investigation in April into 87-year-old Schwab following a whistleblower letter alleging misconduct. ---More...